Ghana, United Arab Emirates sign five co-operation agreements

President Akufo-Addo paid a day’s official visit to the United Arab Emirates
Ghana and the United Arab Emirates have signed five co-operation agreements and Memoranda of Understanding, in different sectors of their respective economies.
It aimed at deepening the ties of co-operation and the bonds of friendship that exist between the two countries.
The agreements were signed after President Akufo-Addo paid a day’s official visit to the United Arab Emirates, at the invitation of Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of the Emirate of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces.
President Akufo-Addo with Sheikh Mohammed bin Zayed Al Nahyan
The agreements signed are Memorandum of Understanding between the governments of Ghana and the UAE on exemption of entry visa requirements, agreement for the promotion and reciprocal protection of investments.
It is also agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income between the government of Ghana and the government of the UAE.
Others include agreement between the government of the UAE and the government of Ghana in the field of manpower and the  agreement between the governments of Ghana and the UAE on co-operation and mutual assistance in customs matters.
Speaking with Sheikh Mohammed bin Zayed Al Nahyan, prior to the signing of the eight agreements, President Akufo-Addo noted that the relationship between Ghana and the UAE, over the years, have been excellent.
The President explained that effective co-operation with the UAE and investment in the Ghanaian economy are extremely essential to helping deliver progress and prosperity to the Ghanaian people.
He described Ghana as a safe haven for investments and encouraged members of the UAE private sector to invest in Ghana.
President Akufo-Addo said government has embarked on aggressive public private partnership programme to attract investment in the development of the country’s critical infrastructure needs, especially road and railway infrastructure.
“We have resolved to build a progressive and prosperous country, and are drawing inspiration from the success story of countries like the United Arab Emirates.
“We have also decided to walk hand-in-hand with the private sector and the business community in this journey,” the President added.
On his part, Sheikh Mohammed bin Zayed Al Nahyan praised President Akufo-Addo for the tremendous progress the country has made over the last three years,.
BY 24NEWS.NEWS/GHANA

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